Kentz shows 10% hike in first-half profits on flat turnover

KENTZ, the Clonmel-based international engineering company, has reported a 10% increase in first-half profits on turnover that was flat over the period.

The group employs 10,700 worldwide providing engineering services to major construction and oil industry projects mainly in the Middle East and Australasia.

For the six months to the end of June 2009 pre-tax profits rose to $18.5 million (€12.6m) from $16.8m, while turnover was more or less unchanged at $328.8m (€225m).